2462 Spring DrRunning SpringsCA92382
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Running Springs at 2462 Spring Dr, Running Springs, CA, 92382 earns $805/mo cash flow from $2,537/mo rent with a $1,370/mo payment. Total monthly income totals $2,537/mo, and annual cash flow totals $9,664/yr on $92,820 capital. ROI tracks 30.32% on current figures, and rental yield reads 10.87% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 158.7% and total cumulative return in cash sums $147,309. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,537/mo property income instead of your personal income.
Single Family
Built in 1932
8,220 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92382, Running Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,947 (100%) |
| Owner Occupied HU | 1,858 (47.1%) |
| Renter Occupied HU | 545 (13.8%) |
| Vacant Housing Units | 1,544 (39.1%) |
| Median Home Value | $492,337 |
| Average Home Value | $578,103 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lucas Smith • Sell My Home Real Estate
Mls Name: CRMLS
Mls ID: #IG25147288